Factors Affecting Productivity Jamb Economics Past Questions

Question 6

if ˉx\bar{x} = 6 and N = 6, determine the value of ∑fx

jamb 2010

  • A. 36
  • B. 12
  • C. 1
  • D. 72
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Question 7

Which of the following could be used to measure the efficiency of labour?

jamb 2015

  • A. rate of inflation
  • B. input-output ratio
  • C. buying more machines
  • D. unemployment rate
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Question 8

An example of a long-run cost of a firm is

jamb 2005

  • A. fuel and maintenace cost
  • B. the planned size of plant equipment
  • C. the existing size of plant and equipment
  • D. rent on buildings
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Question 9

Improved labour efficiency can be measured by?

jamb 2002

  • A. an increase in output-input ratio
  • B. an decrease in output-input ratio
  • C. the constancy of input-output ratio
  • D. an increase in input-output ratio
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Question 10

Labour productivity is defined as?

jamb 1987

  • A. output per man/hour
  • B. average output
  • C. the maximum number of hours worked
  • D. total level of output
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